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  • 18-08-2022
  • Mathematics
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Ken paid $1474 for his gross income in 2021. He was eligible for various reliefs and deductions: Total reliefs was $23,200, CPF deduction was 20% of gross income and donation was $200.
What was his gross income for the tax structure below?
First $40,000, tax payable = $550,and
Subsequent amount will be 7%.
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